Ann: Company Presentation - August 2021, page-2

morning all.

unfortunately, it only tells us what we pretty much already know. The only new info I could see is the price for the Trafigura deal is based on the 65% price, not 62% as had been previously suggested here.

I expect that webinar today will only be a rehash of this information.

they’re still saying the upgrade to resource, will lead to guidance on output & LOM. Infill drills done. No timing on when that will happen.

bit underwhelming.
that said, they have achieved a great deal in a very short time. I guess patience continues to be the go.

the only bad news is in this article I found:

https://www.news.com.au/finance/business/mining/china-will-likely-succeed-in-crashing-australias-iron-ore-price/news-story/5d2421512e4250239f75fd8caee2f3b4

if the link doesn’t work, google:
China will likEly succeed in crashing Australia’s iron ore price.

cheers,

ned.